IU A100 Accounting Final Review | Study Guide & Practice Questions 2026 Update

Which of the following is not an external users of financial accounting information?
A) General public.
B) Investors.
C) Banks.
D) Factory line manager.


D) Factory line manager.

, Which of the following statements accurately describes equity investors and debt investors in a
business?
A) Equity investors contribute to the business as owners and benefit from retained earnings, while
debt investors are creditors who expect both principal and interest payments.
B) Equity investors and debt investors both contribute to the business as owners and benefit from
retained earnings.
C) Equity investors and debt investors are only concerned with the business's profitability and do not
have any direct financial interest in the company's operations.
D) Equity investors are creditors who provide loans to the business and expect both principal and
interest payments, while debt investors contribute to the business as owners and benefit from
retained earnings.


A) Equity investors contribute to the business as owners and benefit from retained earnings, while
debt investors are creditors who expect both principal and interest payments.